During this year’s United Nations (UNFCCC) 27th Conference of the Parties (COP 27) in Egypt, Ghana’s President Akufo-Addo has been teaming up with colleague African presidents to push rich countries who pollute the most to release the $100 billion in climate finance promised to poor countries to help them green their economies and adapt better to climate change.
The Institute for Energy Policies and Research (INSTEPR) has said about $500 million was needed to revamp the Tema Oil Refinery.
Mr. Abdulai cited technical and financial crises as the reasons TOR cannot be in operation in its current form to alleviate the fuel challenges in the country.
The Tema Oil Refinery (TOR) says it is in negotiation with a private investor, Decimal Capital Ltd, to refine crude oil in Ghana.
The Chamber of Petroleum Consumers Ghana (COPEC) has calledon government to provide clear timelines on when the rehabilitationof the Tema Oil Refinery will be completed.
Workers of the Tema Oil Refinery (TOR) are calling on the government to make available crude from the jubilee oil fields in the Western Region, for the refinery to process into finished petroleum products, for the local market.
Government says it is currently receiving proposals from potential strategic investors for a possible restructuring of the Tema Oil Refinery (TOR).
Dr. Yusuf Suleman, has welcomed the privatisation of the Tema Oil Refinery, as a means of dealing with the perennial challenges that affect the company.
The Public Enterprises Minister, Joshua Cudjoe, says government is in search of a strategic partner to invest in the Tema Oil Refinery.
The Public Enterprises Minister, Joshua Cudjoe, says government is in search of a strategic partner to invest in the Tema Oil Refinery (TOR).